Designated investment firm and Developed market: Difference between pages

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imported>Doug Williamson
(Create the page. Source: Bank of England webpage http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx)
 
imported>Doug Williamson
(Mend link.)
 
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''Bank regulation and supervision.''
''Market classification.''


In the UK, the Prudential Regulation Authority (PRA) defines a designated investment firm as one which:
(DM).
*Has, or has applied for, permission to deal in investments as principal; and
*Meets minimum amount capital requirements; and
*Qualifies under the PRA’s designation criteria.


A developed market is one which has reached the most advanced levels of development in its economy and capital markets.


== See also ==
* [[Broker]]
* [[Broker-dealer]]
* [[Dealer]]
* [[Investment bank]]
* [[Price discovery]]
* [[Principal]]
* [[Proprietary trading]]
* [[Prudential Regulation Authority]]


Markets (in order of economic development) are often classified as:


The term 'designated investment firm' is sometimes used interchangeably with 'broker-dealer'.
::Developed;
::Emerging;
::Frontier;
::Least Developing.




====External link====
Different organisations produce slightly different lists of countries within each of these categories.


[http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx PRA designated firms list]
Examples of developed markets in MSCI's classification include - in alphabetical order - Australia, Austria, Belgium, Canada and Denmark.
 
 
==See also==
*[[Australia]]
*[[Canada]]
*[[Capital market]]
*[[Developing country]]
*[[Economy]]
*[[Emerging currency]]
*[[Emerging market]]
*[[EMTA]]
* [[Frontier market]]
*[[International Bank for Reconstruction and Development]]
*[[Least developed countries]]
* [[Market]]
*[[United Nations Conference on Trade and Development]]
 
 
==External link==
*[https://www.msci.com/our-solutions/indexes/market-classification Market classifications - MSCI]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 12:55, 20 June 2022

Market classification.

(DM).

A developed market is one which has reached the most advanced levels of development in its economy and capital markets.


Markets (in order of economic development) are often classified as:

Developed;
Emerging;
Frontier;
Least Developing.


Different organisations produce slightly different lists of countries within each of these categories.

Examples of developed markets in MSCI's classification include - in alphabetical order - Australia, Austria, Belgium, Canada and Denmark.


See also


External link